Report
Chanaka Gunasekera
EUR 100.00 For Business Accounts Only

Organic funds growth, tight cost control and accretive acquisitions are key to good earnings growth.

The Royal Commission put narrow-moat IOOF under the blow-torch at the end of last week, and while there wasn't the same level of fallout as after AMP's appearance a few months ago, we still believe it was a weak performance. Christopher Kelaher, IOOF CEO and Mark Oliver, IOOF's general manager distribution provided unconvincing testimony. This may come back to haunt IOOF when senior counsel gives his closing submission and/or when the Commission publishes its Interim Report on Sept. 30, 2018. IO...
Underlying
IOOF Holdings Ltd

IOOF Holdings is engaged in the financial services industry. Co. provides a range of wealth management solutions for Australians, including: financial advice and distribution services via its network of financial advisers and stockbrokers; platform management and administration such as superannuation and investment administration platforms for advisers, their clients and employers in Australia; investment management products that are designed for investors; and trustee services, including estate planning and administration, personal trustee services, self-managed super fund solutions and corporate trust.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chanaka Gunasekera

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